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Aleonysh [2.5K]
3 years ago
9

Prescott Sporting Goods Company has 45,000 shares of stock outstanding. What total dividend declaration would be necessary for t

he dividend per share to be $1.00?
$450.00
$4,500.00
$45,000.00
$450,000.00
Mathematics
2 answers:
Olin [163]3 years ago
8 0

the answer is 45,000 cause i went and searched it and found it somewhere else lol

maks197457 [2]3 years ago
5 0

Answer:

The correct option is 3.

Step-by-step explanation:

It is given that the Prescott Sporting Goods Company has 45,000 shares of stock outstanding.

Total number of shares is 45,000.

The necessary amount of dividend per share is $1.00. The total dividend is

45,000\times \$1.00=\$45,000

Therefore the total dividend amount is $45,000 and option 3 is correct.

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